Gladstone Institutional Advisory’s VanEck Merk Gold Trust OUNZ Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	$2.95M	Buy	92,418 +3,576	+4%	+$114K	0.12%	180
2025 Q1	$2.68M	Sell	88,842 -20,774	-19%	-$626K	0.12%	184
2024 Q4	$2.77M	Buy	109,616 +62,758	+134%	+$1.59M	0.13%	178
2024 Q3	$1.19M	Buy	+46,858	New	+$1.19M	0.06%	298